Poll: *** 2010 General Election Result & Discussion ***

[Westyfield2]

"Minister For Women And Equality" & "Scottish Secretary" ?

You are kidding me, right?

 

[The Mad Rapper]

Except that all of that is easily possible within the current levels of inheritance tax. You don't need to ramp up the threshold to a level that will only benefit the very rich to provide enough money to pay for a house deposit.

And as for house's being in families for years, why does having a rich ancestor entitle you to such a leg up in life?



The dead aren't taxed; they're dead. They own nothing.

You are so bitter it's untrue. Do you come from an impoverished broken home or something? By your token, you must despise the Royal Family as well do you? All those Castles and all that land and they've done nothing to earn it!

 

[robgmun]

Just as i tought, another socialist easten by the communist bug, this is why they can never be taken seriously and are dangrous in power

IHT really is a great reviler of peoples inside thoughts, arn't they?

 

[dante6491]

And as for house's being in families for years, why does having a rich ancestor entitle you to such a leg up in life?

It doesn't have to be an ancestor as such. Imagine a working class family, one of the parents managed to break the class barrier, earns a good living, has a mortgage free home. He/she worked hard to have a home they can give to their children. How is it fair that the children will be taxed on something the family already own?

It is not just the multimillionaires that are affected by IHT.

 

[krooton]

I really can't believe some people's views on IHT.

I immigrated here from SA 8 years ago. I will inherit diddly squat from my family, as I earn more than they do now, and any estate will be worth less than £50k, split with my brother, and tied up back in SA.

So even though I have nothing to gain in the country from having the IHT threshold raised, or indeed removed, I still believe that it is each person's right to do with their belongings and assets as they please should they die, without any tax on the beneficiary.

If I chose to leave £100k to my son, or a charity, or just give it to a stranger, the government has no right to take a chunk. The chunks would have already been taken in amassing the money in the first place.

Anyone who disagrees is a socialist, communist idiot, in my sincere and honest opinion.

 

[The Mad Rapper]

It doesn't have to be an ancestor as such. Imagine a working class family, one of the parents managed to break the class barrier, earns a good living, has a mortgage free home. He/she worked hard to have a home they can give to their children. How is it fair that the children will be taxed on something the family already own?

It is not just the multimillionaires that are affected by IHT.

Of course there's nothing to stop parents giving their children whatever they like while they are alive, but they really shouldn't have to.

 

[Cosimo]

"Minister For Women And Equality" & "Scottish Secretary" ?

You are kidding me, right?

Nope:

Theresa May is the biggest winner so far in job allocated in the new cabinet, becoming only the second woman to hold the post of Home Secretary.

She was the first woman to become Conservative Party chairman, under the leadership of Iain Duncan Smith.

She then took up the culture and family portfolios before being made shadow Commons leader by David Cameron.

She has been a keen advocate of positive action to recruit more women Tories to winnable seats and was a key architect of the "A list" of preferred candidates.

A passionate moderniser with an exotic taste in shoes, she famously ruffled feathers when she told Tory activists they were seen as members of the "nasty party".

Mrs May was the shadow work and pensions minister ahead of the election.

and nope:

Danny Alexander was Nick Clegg's chief of staff and the Liberal Democrats' campaign co-ordinator throughout the election.

He was also the former media chief of pro-euro campaign group Britain in Europe, which brought together leading Labour and Lib Dem voices with business groups.

First elected to Parliament in 2005, he rose to prominence when Mr Clegg became party leader in 2007.

He was the author of the party's 2010 election manifesto.

The Inverness, Nairn, Badenoch and Strathspey MP won one of 11 seats for the Lib Dems in Scotland

 

[Raumarik]

"Minister For Women And Equality" & "Scottish Secretary" ?

You are kidding me, right?

Yeah don't really see the point in the Scottish secretary - it's not like we're that much trouble these days If I were them I'd make a point of ensuring it was an English Tory just to **** off the SNP

 

[bam0]

"Minister For Women And Equality" & "Scottish Secretary" ?

You are kidding me, right?

What's so confusing? You know there is also a Secretary of State for Wales, and another for Northern Ireland?

 

[The Mad Rapper]

Anyone who disagrees is a socialist, communist idiot, in my sincere and honest opinion.

Agreed. Krooton for PM. Oh, wait...

 

[Luseac]

Except that all of that is easily possible within the current levels of inheritance tax. You don't need to ramp up the threshold to a level that will only benefit the very rich to provide enough money to pay for a house deposit.

Ok, what about taking a different angle, that used by David Cameron during his campaign: Namely the idea to promote a responsible society that saves and works hard. How does knowing that once you've reached a level that the state deems to be "rich" the state will dip its hands into your children’s inheritance promote saving and responsibility?

And as for house's being in families for years, why does having a rich ancestor entitle you to such a leg up in life?

Why does being born in the U.K. and not Nigeria entitle you to "such a leg up in life"? Oh yeah, because people in this country worked for centuries to ensure we were a world leader. Just like that Father may have worked 7am-10pm in the city to ensure his children could have a more comfortable life than he did. I'm not going to be patronising, and I don't have kids either, but I'm guessing you don’t and I feel your opinion might change when you do.

The dead aren't taxed; they're dead. They own nothing.

Their estate is very much still in existence.

 

[waxapple]

That's what we have now? It's not fair because it's multi-tiered. If they introduce a flat rate then that would be OK as long as it isn't more than 25 - 30%.

It's not quite what we have now, as you say, it's multi tiered.

http://www.hmrc.gov.uk/rates/it.htm

 

[rypt]

Theresa May cannot be any worse than Harman

 

[Greebo]

Of course that's fair. At the risk of repeating myself from last night, why should someone that earns more pay more? That makes no sense to me at all. Everyone should pay the same % tax.

Everybody should be in real life that is not the case with out current system even now. The high earners tend to pay only 10 to 20% tax. People up to £37,400 plus tax free allowance pay 20% and those over 40%

Through in NI which some people could argue is just a tax now and since iit's 11% until £43,888 and then only 1%

So in reality people up to £43k pay 31% in tax and NI, those over that pay 41%. Once you earn enough, your tax burden can drop back down to under 20%.

 

[Pudney]

Except that all of that is easily possible within the current levels of inheritance tax. You don't need to ramp up the threshold to a level that will only benefit the very rich to provide enough money to pay for a house deposit.

And as for house's being in families for years, why does having a rich ancestor entitle you to such a leg up in life?



The dead aren't taxed; they're dead. They own nothing.

Why should the housing boom for example cause what someone wishes to leave to their children which they worked damn hard for to be taxed?

Seriously, the concept that IHT only affects the mega rich is deluded. Why are other people entitled to someones hard work more than their children? Socialist crap of the worst possible order.

 

[krooton]

Agreed. Krooton for PM. Oh, wait...

Forgot that PMs are disabled on this forum?

 

[rypt]

Green Party leader and MP Caroline Lucas says the country is being "fobbed off" with the Lib Dem-Tory coalition. A Lib Dem-Labour agreement would have been preferable, she argues.

Stupid socialist greenie.

Labour's former Culture Secretary Ben Bradshaw says there are "inherent problems" with the coalition government. Lots of Lib Dem activists have already defected to Labour "in my area", the MP for Exeter adds.

That's just stupid, defecting to Labour

 

[The Mad Rapper]

Once you earn enough, your tax burden can drop back down to under 20%.

How? How much is 'enough'?

 

[RDM]

Why SHOULD I pay more just because I can? Why can't YOU grasp that I may like to enjoy the rewards for my hard work? FFS - it's not rocket science.

For the final time, I am not saying that your system is wrong, or that you should be taxed more or that you should not enjoy the rewards of your labour. I am just saying that the word "fair" when it comes to many things, inlcuding taxation, is entirely subjective.

 

[The Mad Rapper]

Forgot that PMs are disabled on this forum?

No, I meant Prime Minister, but we've just gotten a new one so